Org.nr 979 467 249 2015 → 2016 Year-over-year analysis

ADVOKATFIRMAET AASEN AS: årsregnskap 2016 vs 2015

Shrank 8% on revenue, weaker earnings

approved 2017-05-10; registry 2017-05-27; journal 2017 350004

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ADVOKATFIRMAET AASEN AS. Revenue 3.56m NOK → 3.26m NOK (-8.4%). Net result +3.26m NOK → +2 016 NOK. Equity 526.6k NOK → 552.4k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened; cogs moved.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
3.56m NOK 3.26m NOK
-8.4%
Operating result
n/m +333.5k NOK
—
Net result
+3.26m NOK +2 016 NOK
-99.9%
Equity
526.6k NOK 552.4k NOK
+4.9%
Cash
157.8k NOK 203.2k NOK
+28.8%
Total assets
1.80m NOK 1.66m NOK
-7.5%

What improved

  • ↑

    Equity strengthened

    Book equity 526.6k NOK → 552.4k NOK (equity ratio 29.3% → 33.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 157.8k NOK → 203.2k NOK (+28.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.06m NOK → 1.80m NOK (58% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.56m NOK to 3.26m NOK (-8.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +3.26m NOK → +2 016 NOK (net margin 91.6% → 0.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 31.5k NOK → 58.3k NOK (+85.2% YoY). Calculated